$DHR (-1,65 %)
$AJG (-0,33 %)
$FICO (-0,39 %)
$TPL
$TYL (+0,02 %)
$CSU (+0,65 %)
$PH (+1,12 %)
$ROP (-0,43 %)
$HEI (+1,26 %)
$TDG (+1,75 %) have now published all their earnings, so a little update. Some could be summarized better than others, I hope the formatting is still bearable.

The Wikifolio https://www.wikifolio.com/de/de/w/wf000natxc has so far reached the necessary capital reservations and the general reservations are already 7/10. If one of you is one of them, I would like to thank you very much for the trust you have placed in me.

The next major update will probably come at the end of the next earnings season.

Danaher Q1 2025

• Sales: $5.74 billion -1%
• GAAP net income: $1.0 billion
• Operating Profit Margin: 29.6% -50bps
• GAAP EPS: $1,32 -2,1%
• Segment sales: Biotechnology: +7%, Life Sciences: -4%, Diagnostics: -1.5%

Only the year-end report will probably be really interesting

Constellation Software Q1 2025

• Turnover: USD 2.65 bn, +13 %
• Earnings per share: USD 5.44 (previous year: USD 4.95) - Net profit: USD 115 million
• Free cash flow (FCFA2S): USD 510 million, +14 %
• Operating cash flow: USD 827 million, +12%
• Acquisitions: USD 94 million invested, plus USD 39 million in outstanding payments
• Strategic investment: 9.99 % in Asseco Poland acquired for USD 174 million
• Outlook: Continued moderate, profitable growth expected

TransDigm Q2 2025

• Turnover: USD 2.15 billion, +12% year-on-year
• Net profit: USD 479 million, +19%
• Adjusted earnings per share (EPS): USD 9.11, +14 %
• EBITDA (adjusted): USD 1.16 billion, +14%, margin: 54.0%
• Operating cash flow: USD 900 million, +4 %
• Share buy-backs: USD 184 million in the quarter

HEICO Q1 2025

• Net sales: USD 1.03 billion, +15% year-on-year
• Net result: USD 168 million, +46% - Earnings per share: USD 1.20
• Operating result: USD 226.8 million, +26% - operating margin: 22.0
• EBITDA: USD 273.9 million, +22 %
• Flight Support Group (FSG): Sales: USD 713.2 million +15 %, operating result: USD 166.1 million +22 %
• Electronic Technologies Group (ETG): Sales: USD 330.3 million +16 %, operating result: USD 76.5 million +38 %
• Three acquisitions completed, including 90% of Millennium International (avionics repairs)
• Exclusive license and assets acquired from Honeywell for Boeing 777 and 737NG product lines

Parker-Hannifin Q3 2025

• Sales: USD 5.0 billion, organic growth of 1% year-on-year
• Net profit: USD 961 million, +32%
• Adjusted net profit: USD 904 million, +6%
• Earnings per share (EPS): USD 7.37, +33 %
• Adjusted EPS: USD 6.94, +7%
• Segment operating margin: 23.2 %, +170 basis points
• Adjusted segment operating margin: 26.3%, +160 basis points
• Operating cash flow (YTD): USD 2.3 billion, +8%
• Share buybacks: USD 650 million in the quarter

FICO Q2 2025

• Revenue: $498.7m. +15 % compared to previous year
• GAAP net result: $162.6m +25%
• GAAP EPS: $6,59 +27%
• Operating cash flow: $74.9m +5.5%
• Free cash flow (non-GAAP): $65.5m +6.3%
• Scores segment (B2B + B2C): Revenue: $297.0m +25%
• Software segment: Sales: $201.7m +2%

Arthur J. Gallagher Q1 2025

• Turnover (before reimbursements)3.68 billion USD +14.6 %
• Net income (GAAP)708.9 million USD +5.7 %
• Adjusted net resultUSD 1.08 billion +28.7 %
• Brokerage segmentSales: USD 3.31 billion +17.5%, net result: USD 816.1 million +25%
• Risk Management segmentSales: USD 373.4 million +5.8%, net result: USD 41.1 million +4.6%
• Corporate segmentUSD -148.3 million
• Acquisitions11 acquisitions in Q1 2025 with estimated annual sales of around USD 100 million.

Tyler Technologies Q1 2025

• Revenue: $565.2 million +10%
• GAAP operating profit: $89.2m +33,1 %
• GAAP net income: $81.1m +49,6 %
• GAAP EPS: $1,84 → +49,6 %
• Free cash flow: $48.3m -15,6 %
• Subscription revenue: $375.0m +19,7 %
• SaaS revenue: $180.1m +21 %
• Annual Recurring Revenue (ARR): $1.5 bn +20 %
• SaaS share of new software contract value: 96 %

Roper Technologies Q1 2025

• Revenue: $1.88 billion +12 %
• Adjusted EBITDA: $521 million +12 %
• Adjusted earnings per share: $4.74 USD +11%
• Software & Information Services: +14 %
• Industry & Medical Technology: +10 %
• Share of recurring revenue: >70%
• CentralReach acquisition

Texas Pacific Land Q1 2025

• Revenue: $196.0m +12%
• Net profit: $120.7m +5%
• Earnings per share: $5,24 +5,5%
• EBITDA: $169.4m +11%
• Free cash flow: $126.6m +10.5%
• Oil and gas production: 31,100 barrels of oil equivalent per day - company record
• Water segment revenue: $69.4m - also a record

All companies except Danaher, which is still undergoing restructuring, delivered solid quarterly results. I was particularly impressed by $TYL (+0,02 %)
$FICO (-0,39 %)
$HEI (+1,26 %)
$PH (+1,12 %) and $TDG (+1,75 %) particularly liked. The dear @Tenbagger2024 also shared a great article on Transdigm, which you can find in the comments. $CSU (+0,65 %) and $TPL (-0,49 %) are expected to show stronger growth towards the end of Q3, which is related to the acquisition speed, especially I hope the $TPL (-0,49 %) acquires new flats.

If you are interested in a detailed earnings review on $TPL (-0,49 %) just write a comment.

Enjoy the nice weather <3